The new week got off to a mixed start on Wall Street, but investors in the Nasdaq Composite (NASDAQINDEX: ^IXIC) were celebrating. Amazon (NASDAQ: AMZN) has been a market leader lately, and the e-commerce and cloud computing giant added to its supremacy by getting a big boost from Wall Street analysts. Meanwhile, the news for electric-truck maker Nikola (NASDAQ: NKLA) wasn't as good, as investors faced the sudden dilution resulting from some outstanding securities convertible into Nikola shares. Read More...
Amazon Lifts Nasdaq 170+ Points on Earnings Hopes; Nikola Plunges as Warrants Bring Dilution
The new week got off to a mixed start on Wall Street, but investors in the Nasdaq Composite (NASDAQINDEX: ^IXIC) were celebrating. Amazon (NASDAQ: AMZN) has been a market leader lately, and the e-commerce and cloud computing giant added to its supremacy by getting a big boost from Wall Street analysts. Meanwhile, the news for electric-truck maker Nikola (NASDAQ: NKLA) wasn’t as good, as investors faced the sudden dilution resulting from some outstanding securities convertible into Nikola shares.
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